4376 Ripken Circle W
About This Property
Immaculate brick front, 3BR, 2BA side entry 2.5 garage on wooded, private, fenced lot with room for a pool, hardiboard siding, tile floors, formal dining, eat-in kitchen, inside laundry with laundry sink, W/D, deluxe master bath, California closets, family room with fireplace, french doors lead to oversized screened porch with hot tub, mature landscaping, sprinkler, well pump. Minutes to beach, UNF, St. Johns Town Center, and JTB. No backdoor neighbors except Mother Nature. New Atlantic Coast High School district. NOT a short sale - close in 30 days and lock your interest rate at all time lows!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017